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Post by zakaz on Apr 16, 2015 9:59:04 GMT
Being a programmer and looking at the autobid problems that all p2p lending services have, I thought of writing my own autobid service for personal use(one service for all p2p sites).
How do you think would this service be usable for all you lenders?
Is it worth creating a service like that? Would anyone want to pay for that(even miniscule amounts like a buck a month)?
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bugs4me
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Post by bugs4me on Apr 16, 2015 10:10:07 GMT
Being a programmer and looking at the autobid problems that all p2p lending services have, I thought of writing my own autobid service for personal use(one service for all p2p sites). How do you think would this service be usable for all you lenders? Is it worth creating a service like that? Would anyone want to pay for that(even miniscule amounts like a buck a month)? It may be useful but how it could work with all P2P platforms - it would certainly need a few volunteers to beta test it first. Personally I do not get involved in monthly subscription software but that's just me. I've bucked the trend with A***e and *$oft 365 as I prefer 'ownership' although I realise somewhere in the small print it's only a licence to use, etc, etc.
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Post by davee39 on Apr 16, 2015 10:25:59 GMT
To use a 3rd party service would mean giving my password away. Sorry, I am not that stupid!
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Post by zakaz on Apr 16, 2015 11:56:17 GMT
Nah, no password, just browser automation.
Simple imaginary example. You log in to your p2p acc. Then the program is turned on and scouts the proposed loan requests on the web page(every day(each 5 minutes) from 10 in the morning till 20 in the evening), and gives notifications (Something interesting came up)
and sends an e-mail or SMS with loan details. You answer with "1" to the SMS, or an amount. And the programm places a bid for you in the requested amount or ignore the sms and nothing happens.
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Post by zakaz on Apr 16, 2015 13:07:04 GMT
Or I could write a tutorial on how to write such a tool yourself. Pretty easy actually.
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sosilly
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Post by sosilly on Apr 17, 2015 4:24:02 GMT
To use a 3rd party service would mean giving my password away. Sorry, I am not that stupid! How about if the `software' was open source? In both cases, either giving away your password or giving access to your logged-in account, both are exceedingly dangerous without understanding the source code - which is a big problem particularly if the code is long (and poorly written) or feature-packed. I have also considered writing these kinds of things, particularly to play the aftermarket game on FC. But I can't imagine how an automated system would help on other platforms - particularly if confirmation is required before each transaction. It wouldn't generate any money so far as I can see because acting as a market maker isn't as easy on other platforms as it is on FC; and plenty of bots exist already to do just that there. It sounds fun (albeit a bit repetitive to write) but I'm curious to know what monetary benefit it would bring to the user.
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Post by norfolkblue on Apr 17, 2015 7:08:40 GMT
I imagine it could work in two ways:
a) User specifies the loans they are interested in (and maybe *how* interested in they are), and the software bids to get them the best rate. Avoids bidding on rubbish.
b) Software looks at every loan (primary market atm) , and bids if criteria are met (would have to be simple, such as having positive shareholder funds etc). This option is a lot more complex to code though and needs some good though.
So yes, I wouldn't dismiss the idea out of hand, especially the tutorial route
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am
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Post by am on Apr 17, 2015 9:38:04 GMT
I can imagine that there would be some value in a script that monitored the aftermarket at SavingsStream, whether it actually buys the stuff for you, or just alerts you that something has appeared. (I have the impression that to invest at SavingsStream you have to hover over the website.)
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Post by easteregg on Apr 17, 2015 11:52:22 GMT
I do remember reading in the T&C's of some sites that this is (or was at the time) forbidden as it can cause issues, both in terms of loading and also potentially erroneous data that could hit the server. I would be interested in the source code but I would recommend contacting the company first!
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Post by zakaz on Apr 17, 2015 14:14:18 GMT
My idea of implementation was with the help of a server, similar to Selenium Webdriver or even direct screen pixel reading. Which is simply a remote control for the browser(or of mouse and keyboard in the latter).
This acts exactly as a user would through the browser, by clicking the mouse and keyboard buttons focusing on the different parts of the screen.
This does not have any negative effect on the site, basically the load will be the same as you would be using the lending site yourself.
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coop
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Post by coop on Apr 17, 2015 14:55:00 GMT
To use a 3rd party service would mean giving my password away. Sorry, I am not that stupid! I give my ebay password to gixen; they are yet to rob me yet XD
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mikes1531
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Post by mikes1531 on Apr 17, 2015 18:40:12 GMT
I can imagine that there would be some value in a script that monitored the aftermarket at SavingsStream, whether it actually buys the stuff for you, or just alerts you that something has appeared. (I have the impression that to invest at SavingsStream you have to hover over the website.) Yes, that's a reasonable description of the situation at SS, and having an automated tool that would alert an investor about something they might want to take action on -- a new loan appearing, or some loan parts being offered on the secondary market -- would be useful. There's a similar situation at FS, where new loans appear and investors generally need to act reasonably quickly to participate. Sometimes new loans are notified in advance, but not all loans are. And to get a part of the unannounced loans it really is a matter of happening to look at the website at just the right time. The problem, however, as already has been pointed out, is that this info is available only when logged in to your account, so allowing a bit of third-party software to operate in this environment could expose you to significant risks if the program developer isn't trustworthy. I don't know enough about these risks to know how concerned I should be.
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Post by elljay on Apr 18, 2015 10:29:49 GMT
My idea of implementation was with the help of a server, similar to Selenium Webdriver or even direct screen pixel reading. Which is simply a remote control for the browser(or of mouse and keyboard in the latter). This acts exactly as a user would through the browser, by clicking the mouse and keyboard buttons focusing on the different parts of the screen. This does not have any negative effect on the site, basically the load will be the same as you would be using the lending site yourself. Yes, but... I think what easteregg is thinking is if the script is running continuously searching out loans to invest in then that would increase the load on the remote server. He's also correct that some sites prohibit the use of automated tools so you need to check with the site before spending time building a script. Final point, not quite sure whether your "Would anyone want to pay for that(even miniscule amounts like a buck a month)?" in the first post refers to the cost of a third party service or for people to pay you for the use of your script. If it's the latter then the forum rules prohibit you mentioning it: - The forum may not be used by individuals to solicit loans or investments, or to advertise goods or services.
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